Ghana remains stuck in “slow growth” mode, according to the latest Logistics Managers Index (LMI) report, covering the first quarter of 2024. The overall LMI value hit an all-time low of 62.4. Regardless, the score still reflects an expansion, as has been the case every quarter since the LMI’s inception in March 2022. Any score …
Increasing warehousing and transportation capacity combined with decreasing prices in both metrics are driving an economic slowdown in Ghana. The data are revealed in the Ghana Logistics Managers Index report for the second quarter 2023, which was released today. The LMI for the second quarter (64.2) decreased by nearly three points from the first quarter’s …
The rate of growth in logistics activities slowed down slightly in the third quarter of 2022, according to the Ghana Logistics Managers Index. A prime reason for this slowdown was the high cost of inventory and the associated cost of warehousing and transportation prices. The Logistics Managers Index is a tool created by CARISCA to …
